Economics, Policy & Regulation Archives

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Economics, Policy & Regulation

Tax Planning Goes On Steroids

<strong>Tax Reporting & Compliance</strong><br /> The OECD’s “Base Erosion and Profit Shifting” principles are being incorporated into tax laws in some nations, requiring more transparency from corporate treasury departments.

Capital Raising & Corporate Finance

Celebrating 25 Years Of Investment

In April the European Bank for Reconstruction and Development (EBRD) commemorated a quarter-century of history, with president Suma Chakrabarti emphasizing how far the Bank had come since its first investment—to WBK Bank in Poland (now Bank Zachodni WBK).

Economics, Policy & Regulation

Iconoclast Economy Minister Mixes It Up

He’s a kickboxer and a football fanatic, an accomplished pianist and possibly the next president of France—and only 38.

Country Report

Indonesia Giving Mixed Messages

President Jokowi is a radical departure from Indonesia’s political and military elite, which perhaps explains why he is such a populist leader at home. But foreign investors find him difficult to read.

Award Winners

Internationalization Picks Up Speed

Bank of China, the fourth-largest bank in the world, has been an ener-getic leader in expanding overseas. In an interview with Global Finance, Chen Siqing, the bank’s president, spoke about internationalization efforts and the importance of overseas growth.

Economics, Policy & Regulation

Investor Unease Ahead Of Philippines Election

On May 9, voters in the Philippines will elect a new president amid growing concerns over whether the strong legacy of president Benigno Aquino III will continue.

Economics, Policy & Regulation

Kashkari Declares War On Big US Banks

US: At 42, he is a former banker, a former bailout czar and a former politician. He wants to persuade the public, from Wall Street to Main Street, that large banks pose a risk to the economic system.The risk is too high, he says, and must be eliminated—surely not a minor feat, not even for one of the presidents of the mighty Federal Reserve.

Capital Raising & Corporate Finance

Kingdom’s Economy Sputters, Austerity Plan Unveiled

Low oil prices are taking a heavy toll on Saudi Arabia’s economy, which is facing even greater austerity under deputy crown prince Mohammad bin Salman Al Saud’s plans to raise $100 billion a year from subsidy cuts and new levies.

Economics, Policy & Regulation

Lifting The Veil On Iranian Banks

We present a rare tour of the newly opened Iranian banking sector. Westerners will be surprised by what they find—in both philosophy and performance—in this long-hidden area of the banking world.

Capital Raising & Corporate Finance

New US Inversion Rules To Have Impact Abroad

The US Treasury’s latest measure to keep US companies from reincorporating in lower-tax countries is its strongest effort yet to halt so-called “inversions,” and could have far-reaching consequences for multinationals.

Award Winners

Regulation, Diversification, Innovation

Nordea Chief Financial Officer Heikki Ilkka, appointed in December after many years with Ernst &Young, talked with Global Finance editors about how the bank is handling negative interest rates and regulatory challenges, and how it deploys technology to satisfy its customers.

Economics, Policy & Regulation

Shining Bright Amid Latin America’s Downturn

While Latin American economies are expected to shrink by roughly 1% this year, Mexico is slated to grow 2.2%.